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Mortgage applications decrease in weekly MBA survey

Apr 28, 2016
In its Weekly Mortgage Applications Survey for the week ending April 22, 2016, the Mortgage Bankers Association (MBA) reported that the volume of mortgage loan applications fell 4.1 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the index fell 3 percent compared to the previous week.
Both the Refinance Index and the Purchase Index decreased from the previous week, falling 5 percent and 2 percent respectively. 
To read the entire MBA press release, click here.
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